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Employment & Income Red Flags


Description

The Employment & Income Red Flags is the fourth module in the Red Flags Course.  This module will review the importance of the employment and income to the mortgage transaction, the types of income you may encounter in a loan file, how to identify red flags associated with the employment and income through a case study and their associated Fraud Schemes.

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Agenda

  • Purpose of employment and income
  • Types of income and employment documentation
  • Identify employment and income red flags
  • Identify Fraud Schemes associated employment & income

Length

  • Approximately 20 minutes

Recommended Attendees

  • Entry level course: This course is most valuable for persons seeking information on how to identify employment and income red flags.
  • Target audience:  Sales & Operations: Loan Officers, Loan Processors, Underwriters

Prerequisite

  • Suggested:
    • Red Flags Basics
    • URAR (1003) Red Flags
    • SSN & Credit Report Red Flags

Materials

Questions?

  • Contact Tina Callisto at 925.658.6836

The mortgage insurance discussed in this website is underwritten by
PMI Mortgage Insurance Co. and its affiliates.

 

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